Answer to Question #238522 in Management for ankithaerrolla

Question

Discuss the different phases of an operations research study considering a possible business scenario.

Answer 1

The six methodology involves in operation research are as follows: 1. Formulating the Problem 2. Constructing a Model to Represent the System under Study 3. Deriving Solution from the Model 4. Testing the Model and the Solution Derived from it 5. Establishing Controls over the Solution 6. Implementation of the Solution.